Question: Using the EVUIl method, which decision alternative would you choose? Decision Alternative Probabilities Decision Alternative 1 Decision Alternative 2 Decision Alternative 3 Decision Alternative 4

Using the EVUIl method, which decision alternative would you choose? Decision Alternative Probabilities Decision Alternative 1 Decision Alternative 2 Decision Alternative 3 Decision Alternative 4 State of Nature Poor Average Good 0.2 0.5 0.3 22 21 35 19 28 10 13 30 11 24 34 171 1) Decision Alternative 1 2) Decision Alternative 2 3) Decision Alternative 3 Decision Alternative 4 Based on the equation Y = 12.35 + 345.1"X, Sales(Y) is in Units of $10.00 and Advertising(X) is in Units of $100. What are Sales when $4,655 is spent on advertising?(please keep no decimal for this answer)

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